Northeast Financial Consultants Inc acquired a new position in shares of iShares Russell 1000 Value ETF (NYSEARCA:IWD) during the first quarter, HoldingsChannel reports. The institutional investor acquired 8,075 shares of the exchange traded fund’s stock, valued at approximately $997,000.

A number of other hedge funds have also made changes to their positions in IWD. Financial Engines Advisors L.L.C. acquired a new position in iShares Russell 1000 Value ETF during the fourth quarter worth $1,992,256,000. Bank of America Corp DE grew its holdings in iShares Russell 1000 Value ETF by 24.5% during the fourth quarter. Bank of America Corp DE now owns 46,902,672 shares of the exchange traded fund’s stock worth $5,208,541,000 after acquiring an additional 9,228,967 shares during the period. American Century Companies Inc. grew its holdings in iShares Russell 1000 Value ETF by 96.7% during the fourth quarter. American Century Companies Inc. now owns 6,373,782 shares of the exchange traded fund’s stock worth $707,808,000 after acquiring an additional 3,134,017 shares during the period. FMR LLC grew its holdings in iShares Russell 1000 Value ETF by 17.9% during the fourth quarter. FMR LLC now owns 15,330,409 shares of the exchange traded fund’s stock worth $1,702,442,000 after acquiring an additional 2,328,742 shares during the period. Finally, BlackRock Inc. grew its holdings in iShares Russell 1000 Value ETF by 76.8% during the fourth quarter. BlackRock Inc. now owns 3,402,531 shares of the exchange traded fund’s stock worth $377,851,000 after acquiring an additional 1,477,689 shares during the period.

IWD stock traded down $0.18 on Wednesday, reaching $125.15. 336,305 shares of the company’s stock were exchanged, compared to its average volume of 2,326,080. iShares Russell 1000 Value ETF has a twelve month low of $104.07 and a twelve month high of $129.82.

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About iShares Russell 1000 Value ETF

iShares Russell 1000 Value ETF (the Fund), formerly iShares Russell 1000 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the large capitalization value sector of the U.S. equity market, as represented by the Russell 1000 Value Index (the Index).

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Want to see what other hedge funds are holding IWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 1000 Value ETF (NYSEARCA:IWD).

Institutional Ownership by Quarter for iShares Russell 1000 Value ETF (NYSEARCA:IWD)

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